Aim Rule 26

William Wyatt  (Non-Executive Chairman)

Paul Bassi CBE (Chief Executive Officer)

Marcus Daly (Finance Director)

Ian Stringer (Non-Executive Director)

Peter London (Non-Executive Director)

Directors & Management Bios – https://reiplc.com/about/directors-management/

The Board is responsible for overall Group strategy, approval of property and corporate acquisitions and disposals, approval of substantial items of capital expenditure, and consideration of significant operational and financial matters. The Board has established both an Audit and Remuneration Committee. Given the small size of the Board, it is not considered necessary to establish a separate Nominations Committee.

Audit Committee The Audit Committee comprises the 3 Non-Executive Directors, W Wyatt, P London and I Stringer, and the Finance Director, by invitation. The committee oversees the adequacy of the Group’s internal controls, accounting policies and financial reporting and provides a forum through which the Group’s external auditor reports to the Non-Executive Directors.

Remuneration Committee The Remuneration Committee is made up of the 3 Non-Executive Directors and the Chief Executive, by invitation. The terms of reference of the Committee are to review and make recommendations to the Board regarding the terms and conditions of employment of the Executive Directors.

England and Wales

Marcus H P Daly Email:    marcus@reiplc.com

Shares in Real Estate Investors plc are only traded on AIM, a market operated by the London Stock Exchange plc. Real Estate Investors Plc has not applied or agreed to have any of its securities admitted or traded to any other exchange or platform. There are currently no restrictions on the transfer of securities.

174,381,971 Ordinary 10p shares. The securities are currently traded on AIM. There are currently no restrictions on the transfer of the Company’s ordinary shares.

The information below is correct at 2 September 2024.

Shares not in public hands amounted to 33.01% of the Issued Share Capital.

The information below is correct at 2 September 2024.

Issued Share Capital

174,381,971 Ordinary 10p shares.

The securities are currently traded on AIM.

There are currently no restrictions on the transfer of securities.

Major shareholders (3% or over)

J O Hambro Capital Management – 10.37%

Hargreaves Lansdown – 10%

PPS Bassi – 9.75%

Harwood Capital – 9.46%

Interactive Investors – 6.23%

Asset Value Investors – 5.73%

Aberdeen Standard Investments – 4.29%

AJ Bell – 3.24%

Panaso Capital  – 3.13%

Shares not in public hands amounted to 33.01% of the Issued Share Capital.

REI PLC – REAL ESTATE INVESTORS PLC – AIM listed

Cavendish Capital Markets Limited, One Bartholomew Close, London, EC1A 7BL
Tel:  020 7220 0500

Panmure Liberum, Level 12, Ropemaker Place, 25 Ropemaker Street, London, EC2Y 9LY
Tel:      020 3100 2000

Cooper Parry, One Central Boulevard, Blythe Valley Business Park, Solihull, B90 8BG
Tel:      0121 456 4456

Gateley, One Eleven Edmund Street, Birmingham, B3 2HJ
Tel:      0121 234 0000

Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU
Tel:     0871 664 0300

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property. the portfolio is managed by REI’s highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market, across all sectors.

The REI portfolio has no material reliance on any single asset, occupier or sector.

On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities.

The Company announced in January 2024 that it would be undertaking an orderly strategic sale of the Company’s portfolio over three years, disposing of assets individually or collectively, at or above book value, to optimise returns to shareholders.

The pace of the disposal programme will be dictated by market conditions, with an initial focus on repaying the Company’s debt.

It is the Board’s intention to continue paying a fully covered quarterly dividend, subject to ongoing disposals.